|Graphic: Pale Blue Dot Energy|
This is an extremely positive step that shows a continued commitment to meeting climate targets through clean energy and the delivery of a carbon capture and storage (CCS) industry.
North-east Scotland is where CCS can be built most rapidly and cost-effectively, with low-cost CO₂ transport and secure storage sites. By starting small, with a project such as Acorn, we can build out to deliver an industry that will bring economic benefits and jobs as well as effective climate action.
A CCS industry in Scotland can also make use of the immense skills and expertise of our oil and gas industry in transition. And it is an important step towards decarbonising Scotland’s industry, as part of the UK’s overall efforts.
Professor Stuart Haszeldine, SCCS Director, said:
The First Minister’s announcement of support for the Acorn CCS Project is most welcome and contributes to a reinvigorated CCS sector, which has reshaped its approach following the cancellation of the UK CCS Commercialisation Programme in late 2015.
The Scottish Government has supported CCS from early days and recognises its importance not just in delivering clean energy but in future-proofing our industrial sectors as Europe moves towards a net zero carbon future. We can also be a key player in delivering CO₂ storage for both the UK and mainland Europe.
Acorn can begin delivering full CCS chain and secure CO₂ storage from late 2021, several years ahead of rival Norwegian developments. And it can offer a CO₂ storage service to other UK developments, which are moving forward at Teesside and the Humber region.
We are also pleased to hear that the Scottish Government will continue to press Westminster for an effective policy and financial landscape for CCS in the UK as a whole.